March 19, 2018

Market outlook

Daily charts
- trend is down on daily charts
- today NF closed 1% in negative at 10094
- AD was 1:6
- note that the region of 10000 to 10100 is strong support area
- option writing support 10000 resistance 10500
- next support 9500

5 min charts
- trend was down from open
- did not trade today / was not in market
- tomorrow, holding above 10160 and then 10200 will be bullish

15 min charts
- trend remains down
- above 10200, we will get a buy signal